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Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
CLSA maintains buy on Tata Motors
CLSA has maintained its buy call on Tata Motors for target price of Rs 460 per share. CLSA says risk reward is favourable for Tata motors and expects strong earnings rebound over FY17-18. It adds that post recent correction valuations are reasonable and stock is pricing in a very pessimistic scenario.